World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments Grain and soy markets were a bit lower in overnight trade, mainly, it seemed, because there was an absence of news that might encourage higher prices. The lack of new input continued through the day session as well. The stronger dollar had a number of commodities on the defensive today; grains and soy were part of that group, with wheat being the downside leader. Crude oil was lower most of the day, down more than $2.00 at one point, but a late recovery allowed crude oil finish in the green -- barely. WTI crude gained 9 cents to close at $94.30 despite weak economic news. New data shows that Europe is still mired in recession for the sixth quarter in a row. However, European stock markets took this news as a sign that th...

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Black Sea Regional Analysis

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Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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